25 North Street

Rutland, VT 05701

$335,000
Price
6
Beds
4
Baths
3,120 Sq. Ft.
$107 / Sq. Ft.
3,120
Sq. Ft.
$107
per Sq. Ft.

Description

Great opportunity to own an investment property in a desirable neighborhood, good rental history, great condition recent furnace top of the line, vinyl siding, recent roof, vinyl replacement windows all unites are updated, clean certificate of occupancies will be provided, pretty much no deferred maintenance, Current NOI is $22K but great potential for at least another $9600 in net income, current rents are well bellow the market rents, this property is tucked away on a dead end street .Great opportunity to own an investment property in a desirable neighborhood, good rental history, great condition recent furnace top of the line, vinyl siding, recent roof, vinyl replacement windows all unites are updated, clean certificate of occupancies will be provided, pretty much no deferred maintenance, Current NOI is $22K but great potential for at least another $9600 in net income, current rents are well bellow the market rents, this property is tucked away on a dead end street .
  1. Listed by Mike Kalil • Watson Realty & Associates

Property Details for 25 North Street

Zoning
Residential

Location

Listing Courtesy of Watson Realty & Associates
Add your commute
LISTING UPDATED: 12/14/2023 04:53 PM

Property Details for 25 North Street

StatusActive
MLS #4980194
Days on Market137
Taxes$5,171 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.26 AC / 11,325 SF
CountyRutland County

Location

Listing Courtesy of Watson Realty & Associates
Add your commute

Building Information for 25 North Street

Stories2Residences4Year Built1900Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$2,259 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,828

Property Taxes

$431

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25 North Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.618623000001001
  • Longitude: -72.976808000000005
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-11833
  • Tax - Gross Amount: $5,171.48
  • Tax Year: 2023
  • Taxes TBD: No
School Information
  • School - High: Rutland Senior High School
  • School - Elementary: Northwest Primary School
  • School - Middle/Jr: Rutland Middle School
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 11326.0
  • Lot Size Acres: 0.26
  • Road Frontage Length: 24.0
  • Square Feet Apx Finished Above Grade: 3120.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 4520.0
  • Square Feet Apx Total Finished: 3120.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1400.0
  • Square Feet Apx Unfinished BG Source: Estimated
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: 200 Amp
  • Sewer: Public
  • Utilities: DSL, Telephone Available
  • Total Electric Meters: 4
Interior and Exterior Features
Exterior Features
  • Roads: Paved, Public
  • Roof: Shingle - Fiberglass
  • Total Ranges: 4
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full, Stairs - Interior
  • Total Full Baths: 4
  • Heat Fuel: Oil
  • Heating: Baseboard
  • Cooling: None
  • Total Refrigerators: 4
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $38,340.00
  • Net Income: $21,694.00
  • Operating Expense Incl: Heat, Insurance, Sewer, Snow Removal, Trash, Water
  • Operating Expense: $16,646
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 2
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 0
  • Total Heat Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $725.00
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Status: Month to Month
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $795.00
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $800.00
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $875.00

Property History for 25 North Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25 North Street

Taxable ValueLand$41,000Additions$104,100Total$145,100
Home Facts
Lot Size11,326 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 11833

Schools near 25 North Street

This home is within Rutland City School District.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Rutland Northeast Primary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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25 North Street is a multi-family home for sale in Rutland, VT 05701. This property was listed for sale on December 14, 2023 by Watson Realty & Associates, it's currently listed at $335,000. It has been on the market for a total of 137 days and was last sold on November 27, 2012. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 25 North Street is a 6-bed, 4-bath, 3,120 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Watson Realty & Associates

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 04/29/2024 03:54 PM